The Payments Industry & Merchant Credit Card Program Experts
The Payments Industry & Merchant Credit Card Program Experts
Advantage provided guidance for our client in the development of a new loyalty program for its consumers. In addition, our team built the financial model for the program and provided guidance with all key assumptions to be included the financial model.
Advantage Consulting Group was retained by our client to plan and conduct an RFP process to secure a new card issuer for their credit card program and to renegotiate alliance agreement with the current payment network. Our process secured an increase of 25% from the new card issuer and 50% from the payment network.
Our client’s card program had been dropped by its card issuer. In an extremely tight timeframe, Advantage streamlined the selection of a new card partner for our client and secured a competitive card issuer agreement.
The Advantage team managed a highly successful RFP process for our client. Our process secured many new program benefits, including marketing channel enhancements and significant financial contribution enhancements from the selected card issuer and payment network.
Advantage guided our client through the sale of its proprietary private label business and the consolidation of the private label and co-branded credit card programs under the management of one card issuer.
Advantage prepared our client for upcoming renegotiations of its credit card agreements in the U.S. and Canada. Our work included evaluating current agreements, benchmarking terms and commitments and identifying areas of opportunity.
Our client was unhappy with their card issuer’s commitment to their credit card program. Our client was interested in exploring alternative card issuer opportunities. Working within strict time constraints, Advantage planned and managed a partner selection process, secured a new card issuer and an agreement containing significant increases in program support contributions
Unsatisfied with their private label credit card program performance, our client engaged us to identify opportunities for program enhancement and to support the renegotiation of a long-term agreement renewal with its card issuer. Our client was seeking increased marketing support commitments used for enhancing program performance
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Advantage conducted an in-depth evaluation of our client’s existing credit card program agreement and program performance. We supported the renegotiation efforts and secured a 25%+ increased financial commitment for our client based on the size, scope, and performance of the program.
Advantage conducted an independent assessment of our client’s international payment network agreement and supported the renegotiation of the agreement. Our support resulting in significant enhancements to financial contributions and other agreement terms.
Advantage supported our client in conducting a partner selection process in the UK to secure a new card issuer and payment network. The engagement resulted in the selection of two new partners for the program creating significant increases in program support commitments.
Advantage conducted an independent assessment of our client’s card issuer agreement. We identified significant gaps versus competitive programs and assisted our client in preparing for upcoming renegotiations with its card issuer. Renegotiations secured significant enhancements to the current agreement.
Advantage assisted our client in planning and executing an international expansion strategy for its credit card program. We lead efforts to evaluate and secure program partners in three international markets.
Advantage planned and managed the partner selection process and agreement negotiation efforts for our client. We secured a new card issuer for the program and renegotiated the agreement with the payment network increasing financial contributions to our client by more than 100% for both agreements.
Advantage built and executed the go-forward strategy for our client’s credit card program. We secured a new card issuer offering enhanced financial terms and renegotiated the payment network agreement increasing compensation by 100%.
Advantage supported our client in preparing for upcoming renegotiations with its card issuer partner. Our support enabled our client to successfully secure an increased financial contribution of almost 30%, as well as enhancements to other program support commitments and agreement terms.
Program & Agreement Assessment-Leading Canadian Airline
Advantage was support the development of a new credit card program to be integrated with our clients highly successful customer loyalty program
Advantage renegotiated our client’s card issuer and payment network agreements and secured significant enhancements of financial contributions and non-economic terms.
Our client, a leading retailer of women’s clothing had a 20+ year relationship with its card issuer. The credit card agreement was approaching its termination date. Advantage was engagement to evaluate the strength of the current agreement and to support the re-negotiation of the agreement to secure market competitive terms.